Instead of arguing that Mr. Bush’s tax cut goes too far, we Democrats should be arguing that it doesn’t go far enough. Middle-class families need more tax relief now as America faces an economic threat we haven’t seen since the 1930s — the threat of deflation.The Federal Reserve has already cut interest rates to the lowest levels in 40 years, and there’s not much more it can do. This country needs a massive economic stimulus now, before we head down the road of falling prices, falling wages and falling home values. There is a way out and it works. Let’s cut taxes for individuals and business even more, right now. Zell Miller
U.S. Senator, Georgia, Democrat
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Instead of arguing that Mr. Bush’s tax cut goes too far, …
Instead of arguing that Mr. Bush’s tax cut goes too far, we Democrats should be arguing that it doesn’t go far enough. Middle-class families need more tax relief now as America faces an economic threat we haven’t seen since the 1930s — the threat of deflation.The Federal Reserve has already cut interest rates to the lowest levels in 40 years, and there’s not much more it can do. This country needs a massive economic stimulus now, before we head down the road of falling prices, falling wages and falling home values. There is a way out and it works. Let’s cut taxes for individuals and business even more, right now. Zell Miller
U.S. Senator, Georgia, Democrat